What Kind Of Food Franchise?
Okay, so youve decided that you want to have a food franchise because everyone needs to eat. Food franchise opportunities are diverse, and that is not a specific enough goal. Do you want a dine-in or carry-out restaurant? Burgers and fries, or elegant dining? If you want to locate your business close to your home, is the market large enough for you to reach your income goals? What about competition? Every franchise business will have a similar set of questions. You Want Me To Pay For What? Franchise opportunities are similar to any other business in that there are always bills to be paid. Know exactly what you are getting for your franchise fee, and expect to pay for everything else. Monthly royalty payments and advertising fund payments are not unusual fees paid to the franchisor, but the amount can vary widely between franchise opportunities, even in the same industry. But We Were Getting Along So Well! Yes, but then the contract expired and the franchise opportunity youd come to kno
Okay, so you’ve decided that you want to have a food franchise because everyone needs to eat. Food franchise opportunities are diverse, and that is not a specific enough goal. Do you want a dine-in or carry-out restaurant? Burgers and fries, or elegant dining? If you want to locate your business close to your home, is the market large enough for you to reach your income goals? What about competition? Every franchise business will have a similar set of questions. You Want Me To Pay For What? Franchise opportunities are similar to any other business in that there are always bills to be paid. Know exactly what you are getting for your franchise fee, and expect to pay for everything else. Monthly royalty payments and advertising fund payments are not unusual fees paid to the franchisor, but the amount can vary widely between franchise opportunities, even in the same industry. But We Were Getting Along So Well! Yes, but then the contract expired and the franchise opportunity you’d come to k
